Thinking, Fast and Slow

Thinking, Fast and Slow

by

Daniel Kahneman

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Note: all page numbers and citation info for the quotes below refer to the Farrar, Straus and Giroux edition of Thinking, Fast and Slow published in 2011.
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Part 1, Chapter 1 Quotes

The gorilla study illustrates two important facts about our minds: we can be blind to the obvious, and we are also blind to our blindness.

Related Characters: Daniel Kahneman (speaker)
Page Number: 24
Explanation and Analysis:

Constantly questioning our own thinking would be impossibly tedious, and System 2 is much too slow and inefficient to serve as a substitute for System I in making routine decisions. The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high.

Related Characters: Daniel Kahneman (speaker)
Page Number: 28
Explanation and Analysis:
Part 1, Chapter 3 Quotes

The bat-and-ball problem is our first encounter with an observation that will be a recurrent theme of this book: many people are overconfident, prone to place too much faith in their intuitions.

Related Characters: Daniel Kahneman (speaker)
Page Number: 45
Explanation and Analysis:
Part 1, Chapter 4 Quotes

The results are not made up, nor are they statistical flukes. You have no choice but to accept that the major conclusions of these studies are true. More important, you must accept that they are true about you.

Related Characters: Daniel Kahneman (speaker)
Page Number: 57
Explanation and Analysis:
Part 1, Chapter 7 Quotes

Contrary to the rules of philosophers of science, who advise testing hypotheses by trying to refute them, people (and scientists, quite often) seek data that are likely to be compatible with the beliefs they currently hold.

Related Characters: Daniel Kahneman (speaker)
Page Number: 81
Explanation and Analysis:

We often fail to allow for the possibility that evidence that should be critical to our judgment is missing—what we see is all there is.

Related Characters: Daniel Kahneman (speaker)
Page Number: 87
Explanation and Analysis:
Part 2, Chapter 10 Quotes

We are far too willing to reject the belief that much of what we see in life is random.

Related Characters: Daniel Kahneman (speaker)
Page Number: 117
Explanation and Analysis:
Part 2, Chapter 12 Quotes

The explanation is a simple availability bias: both spouses remember their own individual efforts and contributions much more clearly than those of the other, and the difference in availability leads to a difference in judged frequency.

Related Characters: Daniel Kahneman (speaker)
Page Number: 131
Explanation and Analysis:
Part 2, Chapter 13 Quotes

The lesson is clear: estimates of causes of death are warped by media coverage. The coverage is itself biased toward novelty and poignancy.

Related Characters: Daniel Kahneman (speaker), Paul Slovic
Page Number: 138
Explanation and Analysis:
Part 2, Chapter 14 Quotes

People without training in statistics are quite capable of using base rates in predictions under some conditions. […] However, concern for base rates evidently disappears as soon as Tom W’s personality is described.

Related Characters: Daniel Kahneman (speaker)
Page Number: 152
Explanation and Analysis:
Part 2, Chapter 15 Quotes

The set of feminist bank tellers is wholly included in the set of bank tellers, as every feminist bank teller is a bank teller. Therefore the probability that Linda is a feminist bank teller must be lower than the probability of her being a bank teller. […] The problem therefore sets up a conflict between the intuition of representativeness and the logic of probability.

Related Characters: Daniel Kahneman (speaker)
Related Symbols: Müller-Lyer Illusion
Page Number: 157
Explanation and Analysis:
Part 2, Chapter 16 Quotes

Nisbett and Borgida found that when they presented their students with a surprising statistical fact, the students managed to learn nothing at all. But when the students were surprised by individual cases—two nice people who had not helped—they immediately made the generalization and inferred that helping is more difficult than they had thought.

Related Characters: Daniel Kahneman (speaker)
Page Number: 173-174
Explanation and Analysis:
Part 2, Chapter 17 Quotes

Indeed, we pay people quite well to provide interesting explanations of regression effects. A business commentator who correctly announces that “the business did better this year because it had done poorly last year” is likely to have a short tenure on the air.

Related Characters: Daniel Kahneman (speaker)
Page Number: 182
Explanation and Analysis:
Part 3, Chapter 19 Quotes

A general limitation of the human mind is its imperfect ability to reconstruct past states of knowledge, or beliefs that have changed. Once you adopt a new view of the world (or of any part of it), you immediately lose much of your ability to recall what you used to believe before your mind changed.

Related Characters: Daniel Kahneman (speaker)
Page Number: 202
Explanation and Analysis:
Part 3, Chapter 20 Quotes

The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the industry. Facts that challenge such basic assumptions—and thereby threaten people’s livelihood and self-esteem—are simply not absorbed.

Related Characters: Daniel Kahneman (speaker)
Related Symbols: Müller-Lyer Illusion
Page Number: 216
Explanation and Analysis:
Part 3, Chapter 21 Quotes

Applying Apgar’s score, the staff in delivery rooms finally had consistent standards for determining which babies were in trouble, and the formula is credited for an important contribution to reducing infant mortality.

Related Characters: Daniel Kahneman (speaker)
Page Number: 227
Explanation and Analysis:
Part 3, Chapter 23 Quotes

In this view, people often (but not always) take on risky projects because they are overly optimistic about the odds they face. I will return to this idea several times in this book—it probably contributes to an explanation of why people litigate, why they start wars, and why they open small businesses.

Related Characters: Daniel Kahneman (speaker)
Page Number: 253
Explanation and Analysis:
Part 3, Chapter 24 Quotes

Experts who acknowledge the full extent of their ignorance may expect to be replaced by more confident competitors, who are better able to gain the trust of clients.

Related Characters: Daniel Kahneman (speaker)
Page Number: 263
Explanation and Analysis:
Part 4, Chapter 26 Quotes

For most people, the fear of losing $100 is more intense than the hope of gaining $150. We concluded from many such observations that “losses loom larger than gains” and that people are loss averse.

Related Characters: Daniel Kahneman (speaker), Amos Tversky
Page Number: 284
Explanation and Analysis:
Part 4, Chapter 30 Quotes

You read that “a vaccine that protects children from a fatal disease carries a 0.001% risk of permanent disability.” The risk appears small. Now consider another description of the same risk: “One of 100,000 vaccinated children will be permanently disabled.” The second statement does something to your mind that the first does not.

Related Characters: Daniel Kahneman (speaker)
Page Number: 329
Explanation and Analysis:
Part 4, Chapter 34 Quotes

People will more readily forgo a discount than pay a surcharge. The two may be economically equivalent, but they are not emotionally equivalent.

Related Characters: Daniel Kahneman (speaker)
Page Number: 364
Explanation and Analysis:

Saving lives with certainty is good, deaths are bad. Most people find that their System 2 has no moral intuitions of its own to answer the question.

Related Characters: Daniel Kahneman (speaker)
Page Number: 369
Explanation and Analysis:
Part 5, Chapter 35 Quotes

Confusing experience with the memory of it is a compelling cognitive illusion—and it is the substitution that makes us believe a past experience can be ruined.

Related Characters: Daniel Kahneman (speaker)
Page Number: 381
Explanation and Analysis:
Part 5, Chapter 37 Quotes

The use of time is one of the areas of life over which people have some control. Few individuals can will themselves to have a sunnier disposition, but some may be able to arrange their lives to spend less of their day commuting, and more time doing things they enjoy with people they like.

Related Characters: Daniel Kahneman (speaker)
Page Number: 395
Explanation and Analysis:
Conclusions Quotes

The investment of attention improves performance in numerous activities—think of the risks of driving through a narrow space while your mind is wandering—and is essential to some tasks, including comparison, choice, and ordered reasoning. However, System 2 is not a paragon of rationality. Its abilities are limited and so is the knowledge to which it has access.

Related Characters: Daniel Kahneman (speaker)
Page Number: 415
Explanation and Analysis:
No matches.